Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **WARNING** BUBBLE BURSTING -- Silver, Gold, Bonds, JAPAN!!
Transcript
- 0:00Our silver and gold, actually an inflation hedge, we're going to
- 0:04talk about that in this video. But even more importantly, what
- 0:09is going on in the world that could be big, big news for the
- 0:14silver price and gold price guys.
- 0:17We need to talk about what is now being recognized in the
- 0:20mainstream media as a potential for a sovereign bond crisis.
- 0:26It's happening right now and it's being recognized right now
- 0:31by the mainstream media. This is a big, big story that
- 0:37will have major impact on the price of the precious metal.
- 0:41So we're going to dig into that one a little bit as well.
- 0:44But are people waking up? I'm seeing definitive clues that
- 0:49people, not just around the world, but in the United States,
- 0:54where most everyone has been asleep regarding precious
- 0:57metals. What's that going to mean when
- 1:00people really start to wake up in this country to the fact that
- 1:04their dollars are becoming worth less?
- 1:08And what tangible, real evidence do we have right now to indicate
- 1:13to us that that process is likely underway?
- 1:17And what would that do for the price of silver?
- 1:20What would that do to your with your ability to go to your local
- 1:24coin shop and get silver to go online, to go to a place like
- 1:28our sponsor, Pin Becks. If you're looking to buy some
- 1:31silver, go check out Pin Becks. I recently made a purchase
- 1:35myself. I'm very happy with Pin Becks.
- 1:38Actually, one of you told me about Pin Becks that you had a
- 1:41great it's actually several people from the Ron's basement
- 1:44community. When I'd mentioned buying some
- 1:46silver like six months ago said check out Pin Becks.
- 1:50I did it for myself. I did a lot of research.
- 1:52I trust them. I'm comfortable with them and
- 1:55what I like best. Because you know, Susie will
- 1:58tell you, right Susie maybe complain about me a little bit.
- 2:01I'm ultra frugal, a little tight with my money.
- 2:05Pin Becks also always delivers a great, great price.
- 2:09Actually, most of the time. Any comparison I've done the
- 2:12best price nonetheless. We also need to talk about
- 2:17currency wars. Are we entering a period of
- 2:20currency wars? What is going on with Japan?
- 2:23We know what's going on in Japan with gold.
- 2:26There's a gold frenzy. Why is there a gold frenzy?
- 2:30And what recent news did we get out of Japan that could rock the
- 2:34world economy as well? Guys, there is so much going on
- 2:38right now all over the world. I think you know, I, I, I do you
- 2:45feel, do you feel like we are at the precipice of, like major
- 2:51events unfolding like no other time that I've been alive, but
- 2:57I've been following silver and gold for 20 years.
- 3:01How long have you been following it?
- 3:03Right. How long have you been willing
- 3:05to, you know, read the tough stories, do the hard work?
- 3:08But to me, it feels like we are at a period right now like no
- 3:12other in my lifetime where we could be at the precipice of
- 3:16major change that could rock the world economy, rock the world
- 3:22geopolitically, and result in the value, the real value of
- 3:27silver of gold going through the roof.
- 3:31RP, let's talk about, let's talk about something.
- 3:33This is not funny, but I'd never thought about this and it has to
- 3:38do directly with silver and gold as an inflation hedge.
- 3:42Actually I'm laughing, but this is of sad fact that we can point
- 3:47out. But is there a silver lining in
- 3:52this as well? Okay.
- 3:53I was listening to an interview last night with a coin shop
- 3:56owner in my Why my not? Why not my not my not South
- 4:01Dakota I guess I think that's where my not is.
- 4:03Correct me if I'm wrong. In the in the chat please a coin
- 4:07shop owner and they were talking about why did we have this crazy
- 4:11move in silver on Friday, what's going on.
- 4:14But he pointed out something I'd never thought of.
- 4:17You know, we we always like to to tell this story regarding
- 4:21precious metals whether it's gold, silver or platinum that
- 4:25the price that we get will always help protect us from
- 4:30inflation. In this coin shop owner brought
- 4:33up a very interesting point that we have to recognize.
- 4:36We may not like this, but don't worry, there is a silver lining
- 4:40to this. This coin shop owner said think
- 4:43back three years ago, everything is more expensive now than three
- 4:48years ago. Gasoline, food, housing,
- 4:52everything. Everything is more expensive
- 4:55right now than three years ago, except silver and gold.
- 5:00And I thought, wow, have you thought of that?
- 5:04I hadn't thought of that, but it's true.
- 5:06And I went and looked at a chart and he was right, You know,
- 5:09three years ago, right now, silver was higher, gold was
- 5:13higher, and we've had this three-year period of crazy
- 5:17inflation. OK, but gold and silver are now
- 5:22lower. So does or do sorry need to use
- 5:25the right tense of the verb? Do silver and gold really offer
- 5:30a hedge against inflation And I think we know right the store.
- 5:33I think there's two things. Number one, number one, on a
- 5:37long term basis, if we look at a five year, 10 year, 30 year, 50
- 5:42year, 3000 year time period, absolutely silver and gold act
- 5:49as a head to store of value and a hedge inflation.
- 5:51If we look at the last three years, it's been a slap in the
- 5:54face for precious metals investors during a period the
- 5:59probably the, the the most exaggerated period of inflation
- 6:03that we've had in this country in decades and decades and
- 6:08silver and gold went down in value Okay.
- 6:12So we know on a longterm basis. That's point #1.
- 6:15The second point that I would make is, do you feel like
- 6:20there's a lot of energy being stored up in the silver price,
- 6:24in the gold price, in the platinum price as well right
- 6:27now? Doesn't it feel like there's a
- 6:29ton of like, I don't know what another word to describe it,
- 6:33momentum, which isn't as good of a word as energy stored in the
- 6:38price of the metals right now like we talked about.
- 6:42And we're going to talk about a lot more in this video if we are
- 6:45on the precipice of major potential crisis.
- 6:49Worst case scenario, right. Calamity.
- 6:52Worst case scenario. But at minimum very difficult
- 6:55times in the future, can't we feel all this energy that's
- 6:59being stored in the price? Like, like the analogy, you
- 7:03know, we've used before of like holding a beach ball underwater.
- 7:08Like we are holding that, like that price is being held down.
- 7:13It has a lot of energy, a lot of momentum, a lot of natural force
- 7:18behind it. Natural.
- 7:19And that's a big key thing about silver and gold and platinum.
- 7:22They're natural. They're Mother Nature.
- 7:25Maybe you say, God, I'm not. I'm not.
- 7:27I'm this is not a religious channel.
- 7:29I don't care what people believe.
- 7:31Maybe they say it's God's money, nature's money, However you want
- 7:34to look at it, it doesn't matter.
- 7:35But there's a lot of natural energy stored in the silver
- 7:41price and gold price. And I just don't mean that's
- 7:43always been the case, right, for the Millennium, but I mean
- 7:47especially recently with the fact that, you know, we have had
- 7:51crazy inflation over the last three years and gold and silver
- 7:56have not performed. They've done OK, right?
- 8:00And you hear people say, well, the gold price isn't so bad, and
- 8:02central bank buying and my, my, my, my, which is good.
- 8:06I'm not poking fun at that. But it feels like there's a lot
- 8:11of potential energy that could be released at some point,
- 8:16right? Maybe it's this week, maybe it's
- 8:18next week, maybe it's next month, maybe it's next year.
- 8:21But there's a ton of natural energy.
- 8:24Because don't forget, no matter what you say, I don't care.
- 8:28I'll argue this point with you. You want to get in an argument
- 8:32in the basement. I guess it's going to be 1 sided
- 8:35because I can't hear what you're saying back to me, but I'll
- 8:37argue the point right now with you.
- 8:40Yes, you that gold and silver have always been the natural
- 8:45money, always been the basis of all money.
- 8:48Sure. They create all kinds of stuff.
- 8:51And this isn't the first time in history that they've created
- 8:54Fiat, make believe paper money. I was reading last night about
- 8:58the history of the United States.
- 8:59You know, we had, we had other central banks before the Federal
- 9:03Reserve and they all failed. And then Andrew Jackson came on
- 9:07board. Yes, Andrew Jackson is a hero
- 9:10for silver and gold investors and he got rid of central banks,
- 9:14right. I mean they the, the just
- 9:16because we have the Fed right now.
- 9:18I was going to say the Fed now and we do have the Fed now their
- 9:21new electronic payment system. But just because we have the Fed
- 9:25now, right that's kind of has been in control most likely for
- 9:30all of our lives for all of us. You guys got me 100 thumbs up.
- 9:34Hello coin shop, Chris, I haven't even said hi to
- 9:36everybody yet. I will ring the bell in just one
- 9:39second. Let me tell you something, just
- 9:42because the feds been around for what you're you know, I'm 53,
- 9:46How old are you? And I'm a young 53.
- 9:48Vibrant. I don't care if you're
- 9:518333234340. It doesn't matter how old you
- 9:57are. The Fed has been around your
- 9:58entire life, most likely. So we think it's permanent.
- 10:02But guys, it doesn't have it. The we've not, you know, we had
- 10:05other central banks in this country.
- 10:07So when we talk about the longevity of silver and gold,
- 10:12that's a fact, right? We can call it God's money.
- 10:14We can call whatever we want. I'm gonna ring the bell 10 times
- 10:17for you right now for the 100. Thumbs up.
- 10:26Thank you. Thank you.
- 10:31All right, let's get back to business.
- 10:33We got serious, serious business, right?
- 10:37Oh, and I was laughing. So if gold, I'm sorry.
- 10:40If Silver. How about this one?
- 10:43Here's a funny one for us. We need to laugh.
- 10:45Friday was horrific. Horrific for Silver investors.
- 10:49Absolutely horrible. Maddening.
- 10:52I actually cried a little bit. I think Susie cut it out at the
- 10:55beginning of Friday's live stream.
- 10:57I've never had been hit so hard in the gut by the silver price.
- 11:02Seeing what happened Friday was insane.
- 11:04But he really know let's poke, let's have some fun with it.
- 11:08There's nothing fun about it. But this is kind of funny, I
- 11:11thought and I let me know what you think about this.
- 11:13I kind of laughed like, well, if the price of silver reflects in
- 11:18in, you know, keeps keeps track with inflation, then we can all
- 11:22rest assured that on Friday when the silver price dropped by 6.4%
- 11:27from high to low, that inflation dropped by 6%.
- 11:32They go, maybe inflation dropped by 6% Friday.
- 11:35Who knows. All right, are people waking up?
- 11:38Are people, guys. That's going to be the big deal
- 11:43for silver and gold. the United States of America, where we live
- 11:48here, we're the richest country in the world, right?
- 11:51The most powerful, richest country in the world.
- 11:54Nobody gives 2 squat. Nobody gives any care, any any
- 11:59respect except us. To precious metals.
- 12:03Nobody cares, right? And we do.
- 12:05We're an echo chamber, guys. We got over 300 of us together.
- 12:08Thank you for being here. You're welcome In the basement.
- 12:11You're a basement dweller. We care about the precious
- 12:16metals. We do.
- 12:17We care about them. But nobody else seems to care.
- 12:22And what's the big, big deal? That could be a big, big, big
- 12:28move right in the value, the real value of the precious
- 12:33metals when everybody else wakes up.
- 12:35And I'm telling you, I think it's starting to happen right
- 12:38now, Maybe I'm an eternal optimist.
- 12:40I don't have a crystal ball that works.
- 12:42I do have a crystal ball, just not one that works.
- 12:45But I'm starting to feel like people are waking up.
- 12:49I got a couple interesting examples.
- 12:51What about in the halls of Congress in the United States of
- 12:55America, where esteemed congressmen and senators work
- 13:00even though they only have a 19% approval rating?
- 13:03Are they? Was there a mention of gold?
- 13:06And this is funny. This is funny show this morning.
- 13:09We're having all kinds of fun, but it's funny, but it's true.
- 13:12And it's a good piece of information about silver and
- 13:16gold. You want me to give it to you?
- 13:18Huh, buddy? You want it?
- 13:20Hey, thank you. Not Chili Boo Boo.
- 13:22Thank you for the Super chat. I'm sure inflation is just chimp
- 13:27temporary. Joe told me that his Bidenomics
- 13:31are working. Thank you for the Super chat.
- 13:34I'm going to give it to you but I want to have a drink of coffee
- 13:36first because this is this is this is funny but also guys,
- 13:41it's showing us people are waking up to silver and gold.
- 13:46OK, hold on. No, I did not mute my
- 13:52microphone. So if you heard me slurp, that
- 13:54makes Susie mad that when people hear me slurp, I apologize for
- 13:58the slurping noise. Coin shop.
- 14:00Chris and I have a new video coming out this afternoon, and I
- 14:04accidentally burped in the middle of it and Susie yelled at
- 14:07me for that last night. I mean, I'm just human.
- 14:09I'm on here a lot. I'm going to have, you know,
- 14:11these these human things. What's going on in Congress?
- 14:15People waking up, remember this is the big deal for silver.
- 14:19Gold. Well, let's let's see let let's
- 14:21hear this. You know Senator Menendez got
- 14:25caught. He's accused of taking bribes.
- 14:28Huge amounts of cash and gold. OK, here's a here's a quote.
- 14:34OK. But I do think it's note
- 14:36noteworthy that people understand that central banking
- 14:39policies are being called into question.
- 14:43The Fed is being called into question publicly a little bit
- 14:47more than they have in the past. For example, in Congress just
- 14:53days ago, Matt Gates, I guess I pronounced, I was going to say
- 14:57gets and I said it's Susie. Earlier she said Gates.
- 15:00So Gates. Anyway, Matt Gates made the
- 15:03following joke. OK, listen to this.
- 15:05Sit down. This is funny.
- 15:07Now put your funny, put your funny frame of mind on.
- 15:10But this does tell us something critical about what's going on
- 15:14right now with silver and gold. This is what Matt said.
- 15:19He's a congressman or senator. I don't know.
- 15:22He said, quote, We are devaluing American money so rapidly that
- 15:29in America today, you can't even bribe a Democratic senator with
- 15:35cash alone. You need to bring gold bars to
- 15:39get the job done just so the bribe holds its value.
- 15:46OK, do you mind if I read that to you one more time?
- 15:49And I'll read it more quickly this time because I think that
- 15:52is hilarious. #1 and #2. It tells us, guys, that the
- 15:57world is waking up, not the world the world already woke up.
- 16:01the United States. This is in our Congress.
- 16:04I'm going to read it one more time.
- 16:05Says, quote. We are devaluing American money
- 16:09so rapidly that it that in America today, you can't even
- 16:13bribe a Democratic senator with cash alone.
- 16:17You need to bring gold bars to get the job done just so the
- 16:22bribe holds its value. OK.
- 16:25Are people waking up? That was in Congress.
- 16:28Yes. It was meant as a jab, a
- 16:30political whatever. And this is not a political
- 16:32show, right? I am.
- 16:33I'm a free thinker and I hope you are too.
- 16:35That's just the way I look at things.
- 16:37But, but, but, but, but, but that went on in Congress talking
- 16:42about how if you want to bribe a senator, you now need to use
- 16:46gold bars because they don't want cash.
- 16:49Because the cash loses its value.
- 16:54I mean could you imagine one of our politicians taking their
- 16:56bribe, saying you can bribe me, but only with gold bars or
- 17:01silver bullion? Because I'm, I know because I'm,
- 17:04I work in Congress that we are destroying the value of the
- 17:09dollar. But where else?
- 17:11I'm telling you guys, okay, I'm going to, I'm, we're going to
- 17:14talk about this again. And this, I think is the Canary
- 17:19in the coal mine, the the the beginning of massive momentum of
- 17:24people waking up to the value of silver and gold.
- 17:29And that's this Costco situation.
- 17:32You can scoff at me all you want, but I've got a couple very
- 17:37interesting examples that I think are showing me that this
- 17:40is becoming a big, big deal outside of the fact that every
- 17:45major mainstream media news outlet, right CNN, CNBC, Fox,
- 17:52Barons, Fortune, Bloomberg, all of them are covering this Costco
- 17:57story. And why?
- 17:59Think about it. Why?
- 18:01Because it's showing that normal, everyday Americans,
- 18:05people that go to Costco right, are waking up to the value of
- 18:10silver and gold, right? OK.
- 18:13And guys, oh remember America's anti silver and gold, right?
- 18:20We are the we are if it could be measured, do you what do you
- 18:24think about this, if it could be quantified when we use a fancy
- 18:28term every once in a while we'd like to throw out fancy terms.
- 18:31If it could be quantified. I would say that in terms of
- 18:35awareness and interest in precious metals in the United
- 18:40States, we are probably the lowest level of the world.
- 18:44We're also the richest country in the world.
- 18:47So take a step back, take a step back and think about that for a
- 18:51second. I want you to think about that
- 18:53for a second. We're the richest country in the
- 18:55world. We probably will remain the
- 18:58richest or one of the richest, richest for top for a good
- 19:01period of time to come. But but at the same time the
- 19:07number of people, the level of interest in silver and gold is
- 19:11probably, and within the United States border the lowest of
- 19:15anywhere in the world. To correct me if I'm wrong, if
- 19:19you think I'm wrong, if you think, I mean, are you going to
- 19:21tell me that Americans are more interested in silver and gold
- 19:24than Chinese people, Indians, people in India, Indians,
- 19:31Brazilians, Russians, Saudi Arabians?
- 19:34Are you going to tell me that that that there there's more
- 19:36interest in silver and gold? But the take away here, the big
- 19:40deal is that when you got the richest country in the world
- 19:44with the lowest level of interest, but when that interest
- 19:47grows, that's going to be exponential, OK?
- 19:52It's going to be exponential demand for the metals.
- 19:56We've covered the numbers. The law of small numbers is in
- 19:59your favor. You might go around.
- 20:01What do you mean by that? Guys, it's real easy.
- 20:05You and me right now. All 400 on a Sunday morning
- 20:08talking about silver and gold and some guys basement in St.
- 20:11Louis. What's wrong with you?
- 20:14It's a big honor that you're here.
- 20:16Please. Thumbs up.
- 20:19See that you have to look at my ugly thumb.
- 20:21Susie says I have ugly thumbs. I think I do too.
- 20:24Nonetheless, the law of small numbers is in your favor.
- 20:29OK, it is. This is.
- 20:31I joke around, but this is serious business.
- 20:34The law of small numbers is in your favor.
- 20:38Do you want to see $65 silver? Do you want to see $85 silver?
- 20:42Oh, go. Go ahead.
- 20:43I can feel it. Now they're throwing tomatoes at
- 20:46me through the screen. Do you want to see, Do you want
- 20:48to see $100 silver? Well, the law of small numbers
- 20:53will deliver you there. That's the fact.
- 20:57No. Sorry.
- 20:58And what do I mean by that? I mean that all 450 of us now
- 21:02together, right. We're one in 200 people.
- 21:05You know the drill. One in 200 people that are that
- 21:08are enthusiasts, right, have spirit, spirit when it comes to
- 21:16the silver and gold market, OK, one in 200.
- 21:20When that one in 200 when people are start hearing about things
- 21:24like Costco selling gold, why are people right.
- 21:28And the momentum builds if we let's just let's just say we go
- 21:32from being one in 200 to 2 and 200 that alone is a 100%
- 21:40increase in people, OK, in money.
- 21:42So what do we know about Costco? We got new information besides
- 21:45the fact that every media outlet in the world is talking about
- 21:49Costco. I'm going to slurp down some
- 21:51more coffee. I think that coffee is from
- 21:59Sam's Club. You know what else is from Sam's
- 22:01Club? My favorite spices.
- 22:03See the Weber Bear. They're helping support the
- 22:06channel as well. But I also get these spices from
- 22:10Sam's Club. Weber Spices.
- 22:14Amazing burger, Best Burger. What do they call it?
- 22:16Burger. Something gourmet burger.
- 22:20It is amazing. It is the best all you do is
- 22:23make. You can even buy the premade
- 22:24burgers. Sprinkle some of that on both
- 22:26sides, pat it in and grill them and you're going to have the
- 22:30best burgers of your life. Look, I only tell you about
- 22:33things that I love. I love the gourmet burger
- 22:36seasoning and I love making hamburgers.
- 22:39You can ask anybody, Susie, any of my friends.
- 22:41I make the best hamburgers around.
- 22:43Check those out. You can get them at Sam's Club.
- 22:46OK, now Costco, Not Sam's Club. Sam's Club's not selling gold
- 22:51yet, but I wonder when they will.
- 22:54I'll have to ask my buddy Jimmy, right, that works with these
- 22:57Weber seasonings and Sam's Club. When Sam's Club going to start
- 23:00selling gold. Costco, Let's focus on that.
- 23:03Couple of interesting things. Why this is a Canary in the coal
- 23:07mine, Why gold and silver demand can explode.
- 23:11OK. And I was well, no, I I I got
- 23:14two things. Two crazy interesting things
- 23:16about this. Let me read this to you though.
- 23:18I think this is from QTR something finance.
- 23:22It says it's an incredible commentary on the average
- 23:26American citizen. Americans are literally choosing
- 23:30to transact U.S. dollars for gold.
- 23:35Just because it's happening on a website that says Costco and the
- 23:40transaction is being consummated by housewives named Florence
- 23:46doesn't change the fact that enough people thought
- 23:49converting. He used the C word.
- 23:52We don't buy silver and gold basement dwellers.
- 23:55That's right. When you're here, you're a
- 23:57basement dweller. Don't forget that we don't buy.
- 24:00We convert paper into real metal, OK?
- 24:05People thought converting U.S. dollars into hard assets was a
- 24:10high enough priority that these bars sold out at Costco.
- 24:17These aren't shoppers heading over to Kitco, is what they say.
- 24:20These are people casually picking up some gold when they
- 24:23buy dog food and toilet paper. Another, OK, another interesting
- 24:29thing he this author brings out. This is, this is where it gets
- 24:32interesting. And if you think that's crazy
- 24:35now, wait until we hit a period of volatility.
- 24:39And we've talked about that, guys, right?
- 24:42Like, there's crazy demand. Let's just look at Costco for
- 24:46gold and silver right right now. During normal times, what
- 24:51happens when things get volatile?
- 24:53What happens when there's another cough cough type
- 24:57scenario or a banking crisis or a sovereign debt crisis?
- 25:02Huh. What happens then?
- 25:04What happens then? I don't know.
- 25:06Coin shop Chris is throwing virtual Ding dongs at me because
- 25:09I haven't rang the cowbell yet. I will ring the cowbell please.
- 25:13I'd like to finish my thought on Costco right now.
- 25:18I just got hit by another virtual Ding Dong my good buddy.
- 25:22And thank you to all the moderators here.
- 25:24Guys. Please type 6 in the comments to
- 25:26thank the moderators. I know Neil's here.
- 25:29I know coin shop Chris is here. I know that Mary's here and
- 25:32whoever else is here. I forgot.
- 25:34I'm going to get to you later now now.
- 25:37So so we know silver and gold demands crazy without a crisis.
- 25:42Listen to what he says. I'm gonna.
- 25:44I'm gonna finish this paragraph without losing my train of
- 25:46thought because this is critical to what's going on.
- 25:49Absolutely critical information and if you think it's crazy now,
- 25:55wait until we hit a period of volatility.
- 25:58So far markets have been pretty orderly, but it's mathematical
- 26:03certainty that this won't continue to be the case.
- 26:09These gold bar purchases will, will look like when I was hold
- 26:14on me. These gold bar purchases will
- 26:17look like when I was early on COVID and buying face masks at
- 26:21stores like Sherwin-Williams and hand sanitizer at my local ALDI.
- 26:27Just weeks later, people were beating each other up in grocery
- 26:31store aisles for toilet paper. Remember that?
- 26:34Remember the toilet paper thing? That was weird.
- 26:36If you think the same, oh, poop moment can't happen with gold
- 26:42and other types of real money, you're sorely mistaken.
- 26:47So what this author is saying is, remember when people panic,
- 26:54right? You couldn't get toilet paper,
- 26:56You couldn't get face masks. Remember, everybody wanted to
- 26:59mask up, right? I'm not gonna comment on that.
- 27:01That's great. People can do whatever the heck
- 27:03they want. I don't care, right?
- 27:05They can believe what they want. They can do what they want.
- 27:08I only am a big proponent proponent.
- 27:11I'm a proponent. A proponent, proponent of you
- 27:16thinking for yourself, OK, now, but people panic, people, Oh, I
- 27:21got you face masks. Oh, I got you know about it.
- 27:24You know that same thing can happen with gold and silver.
- 27:28OK? That's what this author is
- 27:30saying when people wake up. He calls it the oh, hold on a
- 27:36second. I got to ring the cowbell.
- 27:37And then we're going to get back to this because this is
- 27:39critical. I'm going to ring the cowbell.
- 27:43200 thumbs up. Awesome.
- 27:46You guys are the best. Should I broadcast from back
- 27:49here with the Weber Bear? I didn't talk about first mining
- 28:02gold yet. I'll talk about that later.
- 28:05That's what this author's saying, guys.
- 28:08When people wake up, we are the richest country in the world.
- 28:11We are the United States of America, America the richest
- 28:17country in the world. And nobody gives 2.
- 28:21Where'd I put it? I'm not going to take out Susie
- 28:24gets mad at me when I take out the plastic poop.
- 28:26Nobody gives 2 poops about silver and gold.
- 28:31It's happening. I think it's happening.
- 28:34I think this is the beginning in the fact that this is morphine,
- 28:38right? This Costco gold thing.
- 28:41You know who's going to be selling gold next?
- 28:43Sam's Club, right? They already sell the gold
- 28:46standard of seasonings. You know, they're going to be
- 28:50selling real physical gold. Do you think they're not over
- 28:54there? I can just hear it in
- 28:55Bentonville, AR. They're probably saying, hey,
- 28:58you know what? Look at this is crazy Costco
- 29:01selling gold and it's getting all this attention and it's work
- 29:04and it's working. People are waking up and like
- 29:08that author said people like Florence.
- 29:11You know, she's, she's saying, well, I need to get three things
- 29:14A Ziploc bags And what's something else?
- 29:17We always run out of here at our house.
- 29:19Pancake mix, right? Dry powdered, can't pancake mix
- 29:23and some camp food. Oh, you know what?
- 29:26I'll throw in a couple ounces of gold.
- 29:31Really. Yeah, guys, it's really, really,
- 29:37really happening. And it can be big, big news for
- 29:41silver and gold. Let's jump into the comments
- 29:43real quick. I want to say hi to a few
- 29:44people. Mary Radcliffe, thank you for
- 29:46being here. You're one of our favorites.
- 29:49And thank you for being a moderator.
- 29:50Coin Shop Chris, if you're still here.
- 29:53Oh, there he is. Hello, Coin shop.
- 29:54Chris and his Neil, Neil. Hans Dynasty.
- 29:57Neil is the. So there he is.
- 29:58The silver and gold. I'm sorry, Platinum.
- 30:01What am I saying? Neil's the platinum guru.
- 30:04Check out his channel. OK.
- 30:06Do you want to learn about platinum?
- 30:09Wow, look at all this, you guys. This is a community, and we got
- 30:13a lot more to cover. Don't go anywhere, OK?
- 30:18This is a very cool community of people, though, so thank you for
- 30:22being here. OK.
- 30:24Thank you To Susie. I don't know if she's in here.
- 30:26Thank you to all everybody. All right, let's all have a
- 30:29little sip of coffee. Take a deep breath.
- 30:32We're headed good times in the silver and gold market.
- 30:37I tell you what, we almost say 500 people on this live stream.
- 30:40Can we do it? Let's talk about craziness in
- 30:44the silver market on Friday. This was a big deal.
- 30:48This was the nuttiest, craziest price move that I ever remember.
- 30:53In my multiple decades of following the precious metals
- 30:57markets, this was the most insane thing that happened in
- 31:03the silver, the paper silver market.
- 31:06On Friday, I'm going to wrap it up on this one more time, OK?
- 31:10Because I'm dug in deeply over the weekend and I'm, I'm going
- 31:13to tell you what people are saying about what happened.
- 31:16All right, let me tell you what. What the golden toilet.
- 31:20Do you know who the golden toilet is?
- 31:22He's like one of the most one of the most followed commentators
- 31:28on X. Let me tell you what the Toilet
- 31:32Man had to say. Where is it?
- 31:34Here it is. Hold on.
- 31:37Here it is. Golden toilet.
- 31:40Golden Toilet said. If you think for one second that
- 31:44you or anyone else you know have any influence over the silver
- 31:50price, then you are smoking crack.
- 31:52He said that, not me. OK, that's moderate.
- 31:55I'll take that. We can, we can say that on this
- 31:57channel, he said. Today was all the proof you will
- 32:02ever need that the market is under complete, complete control
- 32:08by a few colluding banks. Colluding means working
- 32:12together, corrupt, he said. Quote UN quote, today was beyond
- 32:20belief and I agree with them 100%.
- 32:24What makes it even more beyond belief, guys, is the fact that
- 32:29in one day on the electronic exchange, OK, they traded the
- 32:34equivalent of 550,000,550, five, 50 million ounces of paper
- 32:42electronic silver and that's what killed the price.
- 32:46We have never seen anything, anything like this.
- 32:50What happened Friday in the silver market?
- 32:52Yeah, it knocked me on my on my rear.
- 32:55Did it knock you on your rear? It knocked me on my rear.
- 32:59How the heck can can they can they manipulate the price on the
- 33:03Comex like that, right. 550 million electronic oz traded on
- 33:09Friday. The whole darn mining industry
- 33:12in the world only produces 850 million oz per year.
- 33:16It's like 2/3 of the world's mind production was supposedly
- 33:19traded on Friday. BS it was all electronic.
- 33:24I'm I've never been a big there. You know price fixers.
- 33:27I've always believed and I still do believe this that the real
- 33:31market physical market will win, will dominate in the end.
- 33:36OK. It will.
- 33:37Mother Nature will, will prevail.
- 33:39Like we talked about earlier, silver and gold.
- 33:42That's Mother Nature's form of money.
- 33:45We would. That is a fact.
- 33:47I'll argue that with you. You want to argue some more?
- 33:50I'll argue with you on that one. Absolutely.
- 33:53Without a doubt. What happened on Friday was an
- 33:57abomination, was a, was a tragedy.
- 34:00In my opinion. OK, And I'm sorry.
- 34:02I feel that way. No, look, our families are more
- 34:06important. Our loved ones, all that good
- 34:08stuff. But this was a level 2 tragedy.
- 34:12I I'm, I don't know about you, but I'm a silver enthusiast and
- 34:17to see what happened on Friday was an absolute disgrace.
- 34:21I think to a certain degree it was thievery.
- 34:23OK, manipulation. Crimex coin shop Chris likes
- 34:28when I call it the Crimex, the crimex, not the comex, the
- 34:31Crimex. It was Unicorn fart Dus silver
- 34:34okay. And I'm mad about it and it's
- 34:37okay that I'm mad. And if you're mad too, it's okay
- 34:40that you're mad because it was a bunch of BS.
- 34:42Now somebody sent me an e-mail. I got a little inside
- 34:45information for you. Okay.
- 34:47Now, of course I can't confirm or deny that any of this is the
- 34:51truth, but I do have a little inside information.
- 34:54I received an e-mail from one of the subscribers and he said that
- 34:59he had it on. Good word, that.
- 35:01Part of the problem that was pushing down the metals prices,
- 35:04especially lately, is the fact that a lot of these big
- 35:07institutions are experiencing massive losses on their bond
- 35:13investments. You know, because when interest
- 35:15rates go up, there's an inverse relationship between bond prices
- 35:19and interest rates. Bond prices go down.
- 35:22Some of these bonds are down like 30, forty 50% in value,
- 35:26right? They're trading for $0.50 on the
- 35:28dollar and it's a couple of big funds had to liquidate their
- 35:32metals holdings to help cover losses that they're having in
- 35:35their bond funds. Like I said, I can't confirm or
- 35:39deny that, but it does seem potentially plausible.
- 35:44Susie came up with the idea and other people have agreed that it
- 35:47could have been the end of the quarter, right?
- 35:48It was September 30th, which is the end of the quarter.
- 35:51A lot of big firms have to rebalance their books at the end
- 35:55of the quarter and maybe again they were absorbing losses in
- 35:58other areas. We don't know, OK.
- 36:01We know Friday was horrible, horrible, absolutely horrible.
- 36:06It was horrible. Are retail investors selling?
- 36:09I get mixed. You know, are you?
- 36:11Are you, are you. The reason why silver went down
- 36:14on Friday, were retail investors showing up?
- 36:17I mean look, retail investors showing up at their local coin
- 36:20shop selling silver on Friday is not going to move the price of
- 36:24silver at the Comex. A bunch of retail investors
- 36:27selling over the months leading up.
- 36:30Good Okay. I do have a mute button.
- 36:36So if that slurping sound bothers you, I can mute next
- 36:39time. I don't think it was retail.
- 36:43I'm not blaming you or me. I don't sell, I've never sold
- 36:47silver nonetheless. So I don't buy that and and and
- 36:50we're hearing that was on what was it, Silver seeker, this
- 36:55interview with this coin shop owner and why not he says he's
- 36:57been busy. Some of the coin shops are
- 36:59saying they've been very busy. I need to check with the guys at
- 37:02Pembex. Maybe they're watching now.
- 37:04They can send me an e-mail and I can give you an update tomorrow.
- 37:07Are the online bullion dealers busy?
- 37:10Did this crazy interesting idea that this craziness that ensued
- 37:14on Friday in the silver market. Did that result in a big number
- 37:20of people? Fine silver.
- 37:22I'll be honest with you. I bought some silver on Friday,
- 37:25Okay from Pin Becks. I did.
- 37:29It was hard. It's always hard to buy when the
- 37:32price is down. But you know I got a better
- 37:35price than I would have got if I'd if I'd bought a day earlier.
- 37:39So anyway, straw here's, here's, here's what everybody's going to
- 37:44blame it on. Here's what all the pundits are
- 37:47going to tell you. What do you think about this?
- 37:50Silver's and gold are down because the dollar strong.
- 37:53Yeah, the dollars near 6 month highs, right.
- 37:56The DXY. Let's compare the dollar to a
- 37:58bunch of crappy other currencies.
- 38:00What do you say guys and say, oh we got a strong dollar.
- 38:03We got a strong dollar. You know, I I trying to think, I
- 38:08mean there's so many analogies for that, right?
- 38:11You know that whole story. The dollar strong.
- 38:13Yeah, if you compare it to a bunch of other crappy
- 38:15currencies. But the reality is the dollars
- 38:17going down, down, down in value. How old are you, Right.
- 38:22Think about that. Maybe you're 33, maybe you're
- 38:2453. Maybe you're 60708093.
- 38:27We got some 90 year olds that watch everybody's welcome here.
- 38:30No matter how old you are, it doesn't matter, right?
- 38:34Think about your lifetime. The dollar is going down in
- 38:38value. Think about what it costs to buy
- 38:41anything. A candy bar, a gallon of gas,
- 38:44anything. Anything.
- 38:47It takes more dollars. What?
- 38:52I can't hear you. Can you Susie screaming at me
- 38:55that for those of you don't know, the real boss here in the
- 39:00basement is Susie And OK, Would you like to say anything to the
- 39:07crowd? Would you like to say anything
- 39:12else to the crowd? You know, I used to tell her her
- 39:19voice is like a I know I have. Oh, yeah, I got to ring the
- 39:24bell. OK.
- 39:29I used to tell her she has a voice like a songbird.
- 39:31She's the real boss behind the scenes.
- 39:34And thank you. And now, OK, you can turn off
- 39:39your walkie-talkie. I need to ring the bell, she
- 39:43said. Don't ring it with your nose.
- 39:45We've had a tradition. Do I have 300 bikes?
- 39:48I can't see anything I'm getting.
- 39:49I'm getting old anyway. Anyway.
- 39:52Anyway, Anyway, I need to ring the bell, guys.
- 39:54It's a big deal. 300 likes. I'm not supposed to do it with
- 39:57my nose, but. Until I lose a sponsorship
- 40:07because I ring a bell with my nose.
- 40:09I've always rung the bell at 300 lights With the nose.
- 40:12With the nose. Anyway, who was I talking about?
- 40:15Nah, I lost. Oh yeah.
- 40:17Hold on. Yes.
- 40:20Oh no, you couldn't. Alright, I'm turning you off.
- 40:26Or Susie, we're not going to hear from her anymore today.
- 40:29Strong dollar, strong dollar. BSBS.
- 40:34OK. Interest rates are high.
- 40:36Interest rates are high. BSBS guys, look, look, we don't.
- 40:41The reason why silver got clobbered on Friday was one
- 40:45thing alone. Manipulation.
- 40:47There's no other way around it. Look at a chart.
- 40:49It is sickening, OK? And we know there's massive
- 40:53price manipulation by individual traders on the Comex and eat
- 40:59possibly by the government. It's just the the reality of
- 41:03what is going on. OK, let me hop into the into the
- 41:06comments here. Susie's house.
- 41:07She's the boss. No nose.
- 41:09Yeah. I'll never get out of the
- 41:11basement today guys. What do you think let me ask.
- 41:14Let's let let me hear from you in a type 4 in the comments.
- 41:20If you think Friday's crazy price decrease and silver was
- 41:25because of manipulation by the COMEX by the crime X Type 4, I
- 41:32want to see how many of you think OK oh coin shop Chris is
- 41:36reminding me while we while we tally that up, first mining
- 41:40gold, right, right there. This is made possible by our
- 41:45sponsors like first mining gold. Keep new Meyer, if you know
- 41:48silver, right, keep new Meyer like the king of silver, triple
- 41:52digits silver. He speaks out about the about
- 41:56the manipulation of the price of silver.
- 41:58He started this company, OK. They hold unbelievable portfolio
- 42:04of gold projects, Gold in the ground, they're a development
- 42:08company. Gold in the ground in Canada,
- 42:11right. And I'm going to Canada soon.
- 42:13I'll tell you more about that in the future, but gold in the
- 42:17ground in Canada, and I'm not talking about a little gold.
- 42:22I mean, like 2 projects alone that have 5 million or more
- 42:26ounces of gold in the ground, gold that's been drilled,
- 42:31identified this, you know, they, they put out these, these, these
- 42:34regulated reports, the gold is there and they got four other
- 42:37projects as well. The big companies are going to
- 42:40need more gold. And I'm telling you, the
- 42:43development companies, including First Mining Gold are going to
- 42:46be the answer because the big companies have not invested in
- 42:50drilling and exploration. So if you're interested in gold
- 42:54mining stocks, check out First Mining Gold.
- 42:56The symbol is Frank, Frank Mary George, Frank F, FM.
- 43:02GF All right, nothing that Keith Newmeyer.
- 43:07That guy. Keith Newmeyer, right.
- 43:10Triple digit silver, I can feel it.
- 43:13Now I'm getting virtual tomatoes thrown at me.
- 43:16Can we get the triple digit silver?
- 43:19I've heard Keith say right, we need a new price discovery
- 43:22mechanism for silver. Think about this.
- 43:28We're getting it on many, many levels.
- 43:31OK, think about what's going on with Costco with gold.
- 43:34What about when Costco sells silver?
- 43:36What do you think's going to happen then when Costco starts
- 43:40selling silver, maybe Sam's Club will start selling silver.
- 43:45Wouldn't that be interesting, huh?
- 43:49What do you think price discovery means?
- 43:51Price discovery means the mechanism by which the market
- 43:54determines the price of a specific good or service.
- 44:00When it comes to silver, we're talking about $100 silver,
- 44:04triple digit silver, right? Let's think about a couple
- 44:07things in regards to that. We know the Comex is corrupt.
- 44:12It is. It's been proven right.
- 44:14We know there's a concerted effort on many levels to control
- 44:18the price of silver. We know that Americans are
- 44:23starting to wake up. But what did Keith Newmeyer do
- 44:25lately? Right?
- 44:26And in this is kind of this did not get enough attention and
- 44:30maybe it's because the powers that be don't want this to be
- 44:34known by the masses. But Keith Newmeyer said enough
- 44:38is enough. I'm going to start my own mint,
- 44:40right? Because first Majestic Silver,
- 44:42the other company that he runs, right?
- 44:44They're a huge silver mining company.
- 44:47They have a they have a store also where you can buy bullion.
- 44:50And he was frustrated that he couldn't get the product.
- 44:53So in Nevada, he started his own Silverman.
- 44:55So that ideally, ideally think about this, at some point one of
- 45:02the world's largest silver producers will be able to sell
- 45:06all the silver they mine directly to retail investors.
- 45:12And I hope, I hope that Keith makes the first majestic silver
- 45:16products available not just through his bullion store, which
- 45:20of course they will, but also to other other other stores like
- 45:24pin backs, right. I think you know hey I think you
- 45:27know what I'm gonna, I'm gonna, I'm gonna propose, yeah.
- 45:31Anyway, it's none of my business, but it'd be cool if
- 45:35pin backs became like the first outlet for outside of First
- 45:40Majestic. For the first Majestic silver
- 45:42products. Who knows?
- 45:43It'll be interesting. Price discovery, determining the
- 45:46price right now. OK, let's think about this.
- 45:49Sit down. Pay attention.
- 45:52How is the the price of silver? We got to admit it.
- 45:55You don't like it. I don't like it.
- 45:57But there's a there's a happy ending to this.
- 45:59How is the price of silver determined right now on the
- 46:03Commax? For those of you who join late,
- 46:08and for those of you who've been on this live stream from the
- 46:10very beginning, let's remember what happened on Friday when
- 46:14silver went down 6 1/2 percent. There were 550 million
- 46:18electronic paper, Unicorn fart dust, make believe nothing
- 46:25silver oz that were traded. OK.
- 46:29That's how silver, that's how the price of silver is being
- 46:31determined. Now it's not just Keith
- 46:33Newmeyer, it's also this very powerful growing interest in the
- 46:40world, the Eastern countries who are saying enough is enough when
- 46:45it comes to the manipulation of the metals prices.
- 46:50Have you heard of this country called China, right, The second
- 46:53biggest economy in the world? They're saying enough is enough.
- 46:56What about Russia? Right?
- 46:58One of the largest gold producers in the world, Right.
- 47:01They're saying enough is enough. There's a thing called the
- 47:03Moscow World Standard that will be coming online, which is a new
- 47:07market for the metals. There's the Shanghai Gold
- 47:10Exchange and the Shanghai Futures Exchange.
- 47:13That's been around 20 years now and growing and growing and
- 47:18growing. But there's a little difference.
- 47:20There's one little difference you need to realize about the
- 47:22Shanghai Futures Exchange and the Shanghai Gold Exchange.
- 47:27They don't trade 550 million make believe Unicorn fart dust
- 47:32ounces of silver. No, you know what they trade
- 47:34over there. But it's really strange that a
- 47:37market over in the in Asia trades primarily based upon the
- 47:42physical ounces of the metal. What?
- 47:46Oh, that makes it hard to play games now, doesn't it guys?
- 47:53We are going to move into a period of true price discovery
- 47:58for silver and gold and platinum for that matter.
- 48:04And it's going to be a really, really beautiful day.
- 48:08You know what's going on in Japan.
- 48:11Have you heard about that? Do you know, I didn't know this.
- 48:14Maybe, you know, you guys, you guys are maybe a little more
- 48:16well read than I am. But did you know that Japan is
- 48:21the third largest economy in the world?
- 48:23Did you know? And we're going to talk later on
- 48:26in a in a different live stream specific on Japan.
- 48:29I know my thumbnail said Japan, but this is going too long.
- 48:32But I'm just going to tell you a little nugget about Japan.
- 48:35Thank you Jim for that super chat man, man, what a nice guy.
- 48:40Super chats are super appreciated and go a long way to
- 48:42help support the channel and and and I can bribe my way out of
- 48:47the basement. Susie lets me out once we get to
- 48:50a certain level of super chats. I'm just joking.
- 48:52Never expected, always appreciated when you guys make
- 48:56little donations to me and coin Shop Chris.
- 48:58Coin Shop Chris. If you want to donate to him,
- 49:01there's always a link in the description of this and every
- 49:03video. Nonetheless, let me tell you a
- 49:06little nugget about Japan. Japan's waking up.
- 49:09Think about, think about, think about.
- 49:11Think about. This is, this is exciting.
- 49:13This is double Oh my gosh, my brain is exploding with positive
- 49:19fireworks. And I'm going to tell you, I
- 49:21don't know about you. When you get older, your our
- 49:23brains don't explode with positive fireworks all that
- 49:27often. But guys, there's a there's a
- 49:29gold frenzy in Japan. Look it up for yourself.
- 49:33People in Japan are freaking freaky dekey about the fact that
- 49:38their yen is losing value and they're going crazy.
- 49:42So we got the gold frenzy in Japan.
- 49:43We already know there's a gold frenzy in China, India, Russia,
- 49:46Saudi Arabia, the rest of the world.
- 49:48But now Japan's a western country underneath the the, the
- 49:52underneath the control of the United States basically after
- 49:56World War 2, right? That's the fact we've kind of
- 49:59control Japan. The Japanese citizenry are
- 50:04freaking and frenzying towards gold.
- 50:08That's that. When I combine that with what
- 50:11I'm seeing happening here right now, right now, right here in
- 50:17the United States of America with Costco, just as an example,
- 50:23Whoa, what? Stick around for 400 likes.
- 50:34Oh yeah, we got. OK, guys, guys, guys, guys,
- 50:36guys. We're going to talk more about
- 50:37the fireworks. Don't leave, please.
- 50:39We have 500 people. That is awesome.
- 50:41But what we really want to do, where is the gong?
- 50:44OK, you see underneath the fan when we get the 400 bikes?
- 50:48I'm going to. I'm going to bring the gong.
- 50:50So please, I promised you I would.
- 50:52I lied to you again. Please.
- 50:54We need more thumbs up when we get the 400.
- 50:56We got fireworks. It's the reality of the
- 51:01situation right now in the world, right?
- 51:05Right. Japan, China, everywhere.
- 51:07Everybody's waking up. And now it's happening.
- 51:10Oh, I forgot to tell you this. I got another little firework
- 51:13for you. Keep going with those.
- 51:15I'm gonna get bang the gong. But I ran into a buddy of mine
- 51:19this morning. His name's Mike.
- 51:21His last initial is R as in Ron. OK, he's not a pirate.
- 51:25His name's Mike R He's a multimillionaire.
- 51:29OK? Not like Warren Buffett or, but
- 51:32he's mostly in real estate. Very smart guy, very smart guy.
- 51:36He's not a gold bug or a silver bug, but he knows kind of what I
- 51:39do. You know, the first thing, first
- 51:42thing, we got 400. I'm going to tell you, I'm going
- 51:44to go ring the gong. And I'm going to tell you the
- 51:46first thing that Mike R talked about when he saw me this
- 51:50morning. He didn't ask how I was doing.
- 51:52He didn't ask about, you know, anything else?
- 51:55No, he told him. Talked about something else.
- 51:57Which I'm going to tell you, but we got 400 thumbs up.
- 52:00Hey, and subscribe to the channel if you like this.
- 52:02I beg out of video every day for the rest of my life.
- 52:05OK. I'm going to be your friend.
- 52:07Whoa. And you can make other friends.
- 52:09And you know what? And I got something else I want
- 52:11to announce. OK, so hold on.
- 52:13Let me go ring the gong. It's a big day.
- 52:22We get 400 thumbs up. That's made out of gold.
- 52:34Oh wait, 4OK2 big two big announcements.
- 52:42Got two big big big big big big big, big big announcements.
- 52:46Mike, first thing he says to me. OK, And he's a smart guy.
- 52:50He's actually in his 70s now because anyway, smart guy, been
- 52:55around, OK, first thing he says to me, he's like, what's going
- 52:59on with Costco selling gold? OK, OK, He the what?
- 53:06OK, so what's the big deal about that statement?
- 53:09I want you to think about that for a second.
- 53:10Remember what I told you about Mike, right?
- 53:15He's smart. He's got money, OK?
- 53:18He's done very well in his life, and he's not a gold bug.
- 53:25He's not a silver and gold enthusiast.
- 53:27He's not watching right now. OK, all right, think about that.
- 53:32And he asked me about the Costco situation.
- 53:37I'll tell you what the big deal is.
- 53:39Remember earlier I told you that we are one in 101 in 200 people,
- 53:44right? You and I, gold enthusiasts,
- 53:47lovers of the precious metals. Maybe you're into platinum.
- 53:50Maybe you're into silver. Maybe you're into gold.
- 53:54It doesn't matter. You're only one in 200 people.
- 53:57You are the black sheep of the United States of America.
- 54:02OK, you're one in 200. Now what's MM right.
- 54:08People like Mike. We like Mike.
- 54:10Hey, Mike. We like you, Mike.
- 54:12Come join us. People like Mike are the
- 54:15marginal increase that we need. Mike could be the two in 200.
- 54:22That would double. We get a lot of Mikey's all
- 54:26around the around the world, not around the world.
- 54:28We're just talking about. We already got a lot of Mikey's
- 54:30all around the world. We need more Mikey's in America.
- 54:33We get a bunch of Mikey's. They're like, oh, this Costco,
- 54:37you know, right? That double s the amount of
- 54:40people in the United States. Don't forget the richest country
- 54:44in the world running to precious metals.
- 54:46What I'm talking about is you, right?
- 54:51You going to your local coin shop in Mikey?
- 54:55Already been there. You show up in the local coin
- 54:58shop and they say, sorry, we don't have any gold and silver.
- 55:02We got some. I don't know.
- 55:04We got some. I don't know.
- 55:06We got some rings you can buy or whatever.
- 55:08We're out of gold and silver and platinum.
- 55:10Because people like Mikey came and joined the boat.
- 55:13Right. They they're drew.
- 55:14They'll Dre. It'll be.
- 55:15It'll be it'll be like toilet paper.
- 55:18Remember we talked about that earlier.
- 55:19Be like toilet paper during the cough, cough crisis.
- 55:22It'll be gone. Bye, bye.
- 55:25It'll all be gone. Okay, I got one more big
- 55:28announcement for you guys or an idea.
- 55:29And I want to get your opinion on this, but we have a great
- 55:32community of people here in Ron's basement.
- 55:34You guys are awesome. We got Susie, we got Neil, We
- 55:37got Coin Shop. Chris, We got Juan Giusto, We
- 55:39got Jim McDaniel. We got a bunch of super chats,
- 55:42which I'm very grateful for. But I had this idea that I would
- 55:47put together a website with like a chat room, because people like
- 55:50to chat like and it's such wonderful people.
- 55:54But after this is over when you guys can't keep chatting.
- 55:58And I thought if I had a website with a chat room in it, it might
- 56:02be a good idea for anytime 24 hours a day, people could go and
- 56:07chat on an ongoing basis. And we could have some, you
- 56:10know, a bunch of moderators. So many of you that I trust
- 56:13Sassy Silver Pat, you know, obviously Mary Susie coin shop.
- 56:19Chris, you know, I just an idea send me an e-mail if you think
- 56:23that. And I was trying to think of a
- 56:24name for it like the basement, something like the basement room
- 56:30or the finished basement. No, that's not good.
- 56:32Something like a room where anytime people could go and ask
- 56:36questions, support each other, you know, that's important.
- 56:40You guys are so awesome. And you know, I don't know what
- 56:45I'm. I'll tell you this, Susie and I
- 56:47and I put a lot of work into this and it gets very hard and
- 56:51frustrating at times. But at no time is it not worth
- 56:55it because great people like you make it so worthwhile.
- 56:59OK. And I want to say one more time,
- 57:01thank you to you for being here. It's not called Ron Tube.
- 57:06It's called YouTube. There is this basement situation
- 57:09doesn't exist without you. I want to say thank you to the
- 57:12companies that make this possible, right?
- 57:15First, mining, gold, Weber seasonings, and our friends at
- 57:20Penn Beck's. Let's give them all a thumbs up.
- 57:22Remember, you can get those Weber seasonings at Sam's Club
- 57:25and you can't get real physical gold and silver yet at Sam's
- 57:30Club. But I think that might change
- 57:31sometime in the future. Hey, thank you for being here.
- 57:35Have a great rest of your day and I'll see you soon.